06 January 2014
we have a unit in SEZ and we have paid VAT on purchase of diesel that is utilised for running the DG set. Can we claim refund of VAt paid on diesel under the Maharashtra VAT Act.
06 January 2014
In most of the states, Diesel is included in the negative list of goods for availing input tax credit. Hence, ITC is not allowed. Exception is there in case of dealers trading in diesel.
CAclubindia
